Credit, Collections & Insolvency News
Latest figures from UK Finance have shown that there was a substantial jump in the number of Buy-to-let (BTL) mortgages in arrears of 2.5 per cent or more of the outstanding balance – this was 123.9% higher year on year to 13,570 in Quarter 4 (Q4) 2023. However, UK Finance points out that only 0.68%…
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Ahead of some broadband and mobile phone providers raising contract prices in April, KPMG UK’s Consumer Pulse survey asked 3000 consumers how they were likely to respond should they face an increase in cost. The research found that over a third (35%) of consumers say they are most likely to leave that provider once the…
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The Lending Standards Board (LSB) has announced a trio of appointments which will add a wealth of policy and governance expertise to its board with the Non-Executive Director appointments of broadcaster Iain Dale, economic authority Paul Johnson CBE and charity sector leader Caron Bradshaw OBE. The three new appointments will replace Liz Barclay and Graham…
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New research from Go.Compare has found that just over one third (38%) of consumers are haggling on their bills, with another 17% revealing that they are anticipating negotiating with their providers this year. The comparison site surveyed over 2000 bill payers about their negotiating habits when it comes to their household bills. It found that…
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The UK’s manufacturing sector returned to growth in March for the first time in 20 months according to research by the S&P Global/CIPS UK manufacturing PMI survey. The survey found that growth hit 50.3 in March, rising from 47.5 in February. The figures show that this is the first time since July 2022 that the…
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Midlands-based accounting and advisory firm PKF Smith Cooper (PKFSC) has acquired West Midlands insolvency boutique BLB Advisory. BLB’s Director and owner Brett Barton and seven team members will join PKF Smith Cooper as part of the acquisition. The acquisition will see the PKF Smith Cooper team gain a further 80 years of experience and expertise…
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